Gateway managing partner Vance Kenney tells The Times that a community bank in northwestern Indiana has agreed to move into the building's first floor, and will get naming rights for the renovated tower.

Chase Bank had most recently occupied the building's stately interior but it vacated the site in 2008.

Kenney says plans call for tearing down three adjoining buildings south of the tower to make room for a two-lane bank drive-thru, an off-street parking lot and park-like green space.